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Financial Models (Models for saving (Types of savings (Savings account,…
Financial Models
Models for
saving
Interest
Simple interest
Compound interest
Future value annuities
Effective rates
Tax & inflation
Superannuation
Types of savings
Savings account
Term deposits
Under the mattress
Models for
borrowing
Reducing balance loans
Strategies to reduce interest
Types of loans
Interest-only loans & sinking funds
Home loans
Personal loans
Business loans
Comparison rates
Interest
Simple interest
Compound interest